
-
Swiatek cruises, Osaka battles through in Montreal
-
Meta beats expectations sending share price soaring
-
Gaza civil defence says 30 killed in food queue by Israeli fire
-
Microsoft quarterly profits soar on AI and cloud growth
-
Airbus first-half profit climbs 85% to $1.7 bn
-
TikTok launches crowd-sourced debunking tool in US
-
'Ours forever': would-be Israeli settlers march on Gaza
-
Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro
-
US sprinter Kerley out of US trials
-
Ukraine will fix anti-graft law, minister tells AFP ahead of crucial vote
-
Tata Motors to buy Italy's Iveco for $4.4 bn
-
From skies over Gaza, Jordanian crew drops lifeline to civilians
-
US Fed holds firm against Trump pressure as divisions emerge
-
Michael Jackson's dirty sock sells for over $8,000 in France
-
Turkish city calls for help after heat tops 50C
-
Renault names Provost CEO after De Meo exit
-
Le Court makes history for Africa at women's Tour de France
-
Canada central bank holds rate steady citing US tariff 'threats'
-
Henry puts New Zealand in control of 1st Test against Zimbabwe
-
Stocks edge higher, dollar gains before tech earnings, Fed decision
-
Palestine Action wins bid to challenge terror ban in London court
-
EU urged to act on forests' faltering absorption of carbon
-
India secures return of ancient Buddhist gems
-
Stokes braced for 'emotional' tribute to late England batsman Thorpe
-
France's Luc Besson resurrects new 'romantic' Dracula
-
Trump hits India with 25% tariff and 'penalty' over Russia ties
-
Chinese sub discovers deepest-ever creatures 10 km undersea
-
Kingscote revels in being the 'villain' of Sussex Stakes shock
-
English cricket chiefs confirm sale of six Hundred franchises
-
Wirtz opens Liverpool account in friendly win in Japan
-
Marchand shatters record as US, Australia win more world gold
-
Thousands honour Ozzy Osbourne at UK hometown funeral procession
-
WHO chief says continuous medical aid into Gaza 'critical'
-
London court rules oligarch liable in $1.9 bn Ukraine loan scheme
-
England's Stokes out of India series decider with shoulder injury
-
Stocks diverge, dollar gains before tech earnings, Fed decision
-
India's Gill says Oval groundsman caused 'unnecessary' row
-
Physicists still divided about quantum world, 100 years on
-
Russia relieved as tsunami spares far east from major damage
-
'Can't believe it': Marchand shatters long-standing world record
-
French govt prepares new law to return colonial-era art
-
London court rules oligarch liable over $1.9 bn Ukraine loan scheme
-
Olympic biathlon champion confirmed dead after Pakistan mountaineering accident
-
German biathlete confirmed dead after accident on Pakistan mountain
-
Marchand smashes long-standing 200m medley world record
-
US economy returns to growth in second quarter on tariff turbulence
-
'All gone': Beijing villagers left with nothing after deadly floods
-
Aston Martin pares outlook as US tariffs weigh
-
Adidas says may hike US prices after tariff cost warning
-
GSK reports improved outlook despite US drug tariffs
RBGPF | -4.75% | 74.03 | $ | |
RYCEF | -2.14% | 13.1 | $ | |
CMSC | -0.04% | 22.6 | $ | |
NGG | -0.47% | 70.19 | $ | |
AZN | 3.41% | 76.59 | $ | |
GSK | 3.34% | 38.97 | $ | |
VOD | -0.45% | 11.06 | $ | |
BTI | 0.73% | 53.16 | $ | |
RIO | -4.67% | 59.49 | $ | |
RELX | -0.27% | 51.78 | $ | |
SCU | 0% | 12.72 | $ | |
BCC | -1.47% | 84.89 | $ | |
SCS | -1.74% | 10.33 | $ | |
BP | -2.2% | 32.25 | $ | |
JRI | 0.38% | 13.11 | $ | |
CMSD | -0.26% | 23.06 | $ | |
BCE | -0.55% | 23.53 | $ |

Pandemic accord, tightened budget on menu at big WHO meet
Next week promises to be a crucial one for the World Health Organization, with member states coming together in Geneva to adopt a landmark pandemic agreement and a slimmed-down budget amid US funding cuts.
Dozens of high-ranking officials and thousands of delegates are set to gather for the United Nations health agency's annual decision-making assembly, due to last from May 19 to 27.
"This huge gathering comes... at a pivotal moment for global health," Catharina Boehme, WHO's assistant director-general for external relations and governance, told reporters.
It comes as countries are confronting "emerging threats and major shifts in the landscape for global health and international development", she said.
More than five years after the emergence of Covid-19, which killed millions of people, much of the focus next week will be on the expected adoption of a hard-won international agreement on how to better protect against and tackle future pandemics.
After more than three years of negotiations, countries reached consensus on a text last month but final approval by the World Health Assembly is needed -- a discussion expected to take place on Tuesday.
- 'Without the US' -
The United States, which has thrown the global health system into crisis by slashing foreign aid spending, was not present during the final stretch of the talks.
US President Donald Trump ordered a withdrawal from the WHO and from the pandemic agreement talks after taking office in January.
The agreement "is a jab in the arm for multilateralism, even if it is multilateralism in this case without the US", said a European diplomat who asked not to be named.
The WHA will be called upon to ratify the adoption of the agreement and to launch an intergovernmental working group to negotiate technical details of the so-called Pathogen Access and Benefit-Sharing System (PABS), said negotiations co-chair Anne-Claire Amprou.
Core to the agreement, that system will be aimed at allowing the swift sharing of pathogen data with pharmaceutical companies, enabling them to quickly start working on pandemic-fighting products.
Once the PABS annex is completed and adopted at the 2026 WHA, "the whole (agreement) will open for signature", Steven Solomon, WHO's principal legal officer, told reporters.
Ratification by 60 states will be needed for the accord to come into force.
- Deep cuts -
Also high on the agenda next week will be the dramatic overhaul of WHO operations and finances.
WHO chief Tedros Adhanom Ghebreyesus told member states last month that the agency would need to slim down due to deep US funding cuts.
The agency has been bracing for Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.
The United States gave WHO $1.3 billion for its 2022-2023 budget, mainly through voluntary contributions for specific projects rather than fixed membership fees.
"The loss of US funding, combined with reductions in official development assistance by some other countries, mean we are facing a salary gap for the next biennium of more than $500 million," Tedros said on Wednesday.
Tedros has not said how many jobs will be lost, but on Wednesday he announced the organisation would cut its leadership team nearly in half.
- Budget gap -
Next week, member states will vote on a proposed 20-percent increase of WHO's mandatory membership fees for the 2026-27 budget period, Boehme said.
Members already agreed in 2022 to increase the mandatory fees to cover 50 percent of the WHO budget.
Without that decision, Tedros said Wednesday that "our current financial situation would be much worse -– $300 million worse".
"It is essential, therefore, that member states approve this next increase, to make another step towards securing the long-term financial sustainability and independence of WHO."
Countries will also be asked to adopt the 2026-2027 budget, at a time when development assistance funding, including for health resources, are dwindling globally.
"We have proposed a reduced budget of $4.2 billion for the 2026-2027 biennium, a 21-percent reduction on the original proposed budget of 5.3 billion," Tedros said.
If the increase in membership fees is approved, the WHO estimates it can raise more than $2.6 billion, or more than 60 percent of the budget.
"That leaves an anticipated budget gap of more than $1.7 billion," Tedros said.
R.Braegger--VB